HighTower Advisors LLC Increases Position in iShares S&P Mid-Cap 400 Value ETF $IJJ

HighTower Advisors LLC raised its holdings in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 1.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 423,207 shares of the company’s stock after buying an additional 7,387 shares during the period. HighTower Advisors LLC owned about 0.70% of iShares S&P Mid-Cap 400 Value ETF worth $55,690,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of IJJ. Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares S&P Mid-Cap 400 Value ETF by 498.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,754,991 shares of the company’s stock valued at $494,119,000 after buying an additional 3,127,303 shares during the period. AlphaCore Capital LLC boosted its position in shares of iShares S&P Mid-Cap 400 Value ETF by 5,244.2% during the fourth quarter. AlphaCore Capital LLC now owns 165,351 shares of the company’s stock valued at $21,759,000 after buying an additional 162,257 shares during the period. Vestmark Advisory Solutions Inc. purchased a new position in shares of iShares S&P Mid-Cap 400 Value ETF during the third quarter valued at approximately $17,072,000. UBS Group AG boosted its position in shares of iShares S&P Mid-Cap 400 Value ETF by 5.4% during the third quarter. UBS Group AG now owns 2,154,324 shares of the company’s stock valued at $279,459,000 after buying an additional 110,590 shares during the period. Finally, Envestnet Asset Management Inc. boosted its position in shares of iShares S&P Mid-Cap 400 Value ETF by 4.2% during the third quarter. Envestnet Asset Management Inc. now owns 1,968,545 shares of the company’s stock valued at $255,360,000 after buying an additional 80,204 shares during the period. Hedge funds and other institutional investors own 66.95% of the company’s stock.

iShares S&P Mid-Cap 400 Value ETF Price Performance

Shares of NYSEARCA:IJJ opened at $139.68 on Thursday. iShares S&P Mid-Cap 400 Value ETF has a 1 year low of $117.41 and a 1 year high of $144.76. The business has a 50 day simple moving average of $136.60 and a two-hundred day simple moving average of $135.54. The firm has a market capitalization of $8.35 billion, a PE ratio of 16.13 and a beta of 0.98.

About iShares S&P Mid-Cap 400 Value ETF

iShares S&P Mid-Cap 400 Value ETF, formerly iShares S&P MidCap 400 Value Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P MidCap 400 Value Index (the Index). The Value Index measures the performance of the mid-capitalization value sector of the United States equity market and consists of those stocks in the S&P MidCap 400 Index exhibiting the strongest value characteristics. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.